·
Rajesh Exports bags export
order
Rajesh
Exports has announced that the company has secured Rs1123 crores worth export
order.
·
Cipla announces second landmark
acquistion in its history
Cipla has
announced that its UK arm, Cipla EU has entered into definitive agreements to
acquire two US-based companies, InvaGen Pharmaceuticals Inc., and Exelan
Pharmaceuticals Inc. The transaction being subject to certain closing
conditions, is valued at $550 million and will be an all cash transaction. The
combined revenue from these transactions is over $200 million for the year
ended Dec 2014 and over $225 million in LTM June 2015.
·
Maruti to take shareholder vote
on Gujarat plant
Maruti Suzuki
India, India's top-selling carmaker, will take shareholders' vote for a new
manufacturing plant in Gujarat after receiving the pending government approvals,
its chairman said today.
Maruti, controlled
by Japan's Suzuki Motor Corp, needs to start operations at the plant in 2017
and it is on schedule to achieve that, R.C. Bhargava told an annual
shareholders meeting.
·
NBCC secures total business
amounting Rs388 cr
National Buildings
Construction Corporation ( NBCC) has secured total business amounting Rs388 Cr
from various clients in the month of August, 2015 – Positive read thru for NBCC
·
Lupin launches first ever
Duloxetine 40mg capsule in US
Lupin launches
first ever Duloxetine 40mg delayed release capsule in US, positive read-thru
.Lupin Ltd has informed BSE regarding a Press Release dated September 03, 2015
titled 'Lupin launches first ever Duloxetine 40mg Delayed-Release Capsules in
the US, which is the first and only Duloxetine formulation to become available
in 40mg strength.
·
Power Mech gets order worth
Rs85.6 cr from IL&FS
Power Mech gets
order worth Rs85.6 cr from IL&FS Tamil Nadu power company, positive.
·
ONGC & RIL may see cut in
gas prices
ONGC & RIL may
see cut in the gas prices; price may fall below $4/mmbtu – Negative for ONGC,
RIL. As per the media reports the government may reduce the price of natural
gas next month by about 14%, dealing a potential blow to explorers Reliance
Industries Ltd and Oil and Natural Gas Corp. Ltd.
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